Seoul: President Lee Jae Myung is set to host a dinner meeting this week with the newly elected leader of the ruling Democratic Party (DP) and two former contenders of the leadership race, his office said Monday. Lee will meet with DP chair Kim Min-seok and the former contenders -- Reps. Jung Chung-rae and Song Young-gil -- at Cheong Wa Dae on Wednesday.

According to Yonhap News Agency, the dinner was arranged to further strengthen cooperation on state affairs among the party, the government, and the presidential office. Key issues on the agenda include people's livelihood and the economy, as well as promoting party unity, as stated by presidential spokesperson Kang Yu-jung.

The meeting is set to take place just two days after Monday's national convention, where Kim Min-seok secured the leadership position by winning 54.08 percent of the vote, compared with Jung Chung-rae's 45.92 percent. This gathering aims to foster collaboration among the party's key figures following the contentious leadership race.